Effectiveness Target

Effectiveness Target. Means, with respect to the Initial Registration Statement or the New Registration Statement, the earlier of (i) the 540th calendar day following the Closing Date and (ii) the 5th Trading Day after the date the Company is notified (orally or in writing, whichever is earlier) by the Commission that such Registration Statement will not be "reviewed" or will not be subject to further review; provided, that if the Effectiveness Target falls on a Saturday, Sunday or other day that the Commission is... closed for business, the Effectiveness Target shall be extended to the next Business Day on which the Commission is open for business View More